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Economic Pulse

Economic Pulse

October 2018

The Bank of Ireland Economic Pulse stood at 92.6 in October 2018. The index, which combines the results of the Consumer and Business Pulses, was down 0.1 on last month but up 2.1 on a year ago.

Budget 2019 took place during this month’s survey period, with some interviews conducted prior to it and some after, though most of the details had been signalled. But with a deal on Brexit proving elusive and political rhetoric high, consumer confidence was down in October. While business sentiment ticked up in the month, the mood was mixed across the sectors with the Industry and Services Pulses rising but the Retail and Construction Pulses falling.

Economic Pulse

October 2018

Key Points

  • Economic Pulse flat in October
  • Sharp drop in consumer confidence
  • Mixed business picture

Economic Pulse

October 2018

Economic Pulse

October 2018

92.6

-0.1 on previous index reading

Economic Pulse

October 2018

“Households’ nerves were on edge this month but with business sentiment holding up, the Economic Pulse was little changed.”

 

Dr Loretta O’Sullivan
Group Chief Economist
Bank of Ireland

Economic Pulse

October 2018

Pulse Trends

Economic Pulse

October 2018

Making the economic Pulse